Nostrum Oil & Gas PLC Director/PDMR Shareholding (3831W)

TIDMNOG

RNS Number : 3831W

Nostrum Oil & Gas PLC

08 February 2017

Amsterdam, 8 February 2017

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS

DISCHARGING MANAGERIAL

RESPONSIBILITIES AND CONNECTED PERSONS

The information contained in this notification is disclosed in accordance with the requirements of the EU Market Abuse Regulation.

 
1    Details of the person discharging managerial responsibilities/Relevant Persons / person closely 
      associated 
---  ----------------------------------------------------------------------------------------------------------------- 
a)   Name                                                        Timeway Capital Investment Limited 
---  ----------------------------------------------------------  ----------------------------------------------------- 
2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
a)   Position/status                                             PCA of Chief Legal Officer & Company Secretary (PDMR) 
---  ----------------------------------------------------------  ----------------------------------------------------- 
b)   Initial notification /Amendment                             Initial Notification 
---  ----------------------------------------------------------  ----------------------------------------------------- 
3    Details of the issuer 
---  ----------------------------------------------------------------------------------------------------------------- 
a)   Name                                                        Nostrum Oil & Gas PLC 
---  ----------------------------------------------------------  ----------------------------------------------------- 
b)   LEI                                                         2138007VWEP4MM3J8B29 
---  ----------------------------------------------------------  ----------------------------------------------------- 
4    Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
      each type of transaction; (iii) each date; and (iv) each place where transactions have been 
      conducted 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)  Description of the financial instrument, type of            Ordinary shares of GBP0.01 each 
     instrument 
     Identification code                                          GB00BGP6Q951 
---  ----------------------------------------------------------  ----------------------------------------------------- 
b)   Nature of the transaction                                   Exercise of Options 
---  ----------------------------------------------------------  ----------------------------------------------------- 
c)   Price(s) and volume(s)                                      Price(s)     Volume(s) 
                                                                  -----------  --------- 
 
                                                                  GBP2.36704   180,325 
                                                                  -----------  --------- 
---  ----------------------------------------------------------  ----------------------------------------------------- 
d)   Aggregated information 
      - Aggregated volume                                          180,325 
      - Price                                                      GBP426,836.49 
---  ----------------------------------------------------------  ----------------------------------------------------- 
e)   Date of the                                                 1 February 2017 
      transaction 
---  ----------------------------------------------------------  ----------------------------------------------------- 
f)   Place of the                                                London Stock Exchange, XLON 
      transaction 
---  ----------------------------------------------------------  ----------------------------------------------------- 
 

Further information:

For further information please visit www.nog.co.uk

Further enquiries:

Nostrum Oil & Gas PLC - Investor Relations

Kirsty Hamilton-Smith

Amy Barlow

[e-mail]

+ 44 (0) 203 740 7430

Instinctif Partners - UK

David Simonson

Catherine Wickman

+ 44 (0) 207 457 2020

Promo Group Communications - Kazakhstan

Asel Karaulova

+ 7 (727) 264 67 37

About Nostrum

Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The principal producing asset of Nostrum is the Chinarevskoye field, in which it holds a 100% interest and is the operator through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Nostrum holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields through the same subsidiary. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are situated approximately 60 and 120 kilometres respectively from the Chinarevskoye field.

Forward-Looking Statements

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Group or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.

No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ISESSLFMAFWSEIE

(END) Dow Jones Newswires

February 08, 2017 11:56 ET (16:56 GMT)